Metaplanet’s new Bitcoin purchase is turning heads in the crypto and corporate worlds alike.
The Japanese investment firm just acquired 330 more BTC, worth $28.2 million, bringing its total to 4,855 BTC. This marks Metaplanet’s third Bitcoin buy this month, showcasing its aggressive stance amid turbulent market conditions. Notably, this move came even as U.S. tariff measures stirred uncertainty across global financial markets.
The acquisition happened at an average of $85,605 per Bitcoin, based on a rate of 12.18 million Japanese yen. The timing aligned with Bitcoin’s first surge past $87,000 since early April. At the time of the announcement, BTC was up 2.5% in 24 hours, trading around $87,279.
Betting Big Despite Market Shocks
Metaplanet began its accumulation strategy in April 2024. Despite market setbacks, it has stayed committed to its goal of 10,000 BTC by year’s end. In April alone, the company acquired 809 BTC, staying right on pace.
This purchase strategy resembles that of Michael Saylor’s firm, Strategy, which has influenced companies like Metaplanet. Strategy added 3,459 BTC last week and now holds over 531,000 BTC, the largest amount by any corporate entity.
Saylor has publicly shrugged off concerns about tariffs affecting his firm’s buying behavior. Despite posting an unrealized $5.91 billion loss in Q1, Strategy continues to double down on BTC. That mentality seems to be spreading across major institutional players.
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Metaplanet’s new Bitcoin purchase strengthens its leadership in Asia
With 4,855 BTC in its reserves, Metaplanet now ranks as Asia’s top corporate holder of BitcoinClick here for more Details. Globally, it sits tenth. Its aggressive Bitcoin play has sent its stock price flying—up a whopping 1,086% in the last year.
On the Tokyo Stock Exchange, the company’s shares were up 0.85% midday, reflecting confidence in its Bitcoin-centered strategy. Even as Bitcoin’s price fluctuates, Metaplanet appears unshaken in its commitment.
This development sends a powerful message to the industry. Metaplanet is not just holding crypto—it’s leveraging it as a long-term strategic asset. That might redefine how Asian markets view digital currencies in corporate finance.
Crypto conviction in corporate boardrooms
As more companies look to diversify, Bitcoin is becoming more than just a speculative bet. Metaplanet’s bold steps may inspire other Asian firms to follow suit. Whether prices soar or dip, the conviction behind these buys is undeniable.
Metaplanet’s new BitcoinClick here for more Details purchase may very well be the spark for a broader regional shift toward crypto-powered corporate strategy.